NEW YORK, June 11, 2022 (GLOBE NEWSWIRE) –
WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of buyers of Teladoc Health, Inc. securities. (NYSE: TDOC) between 28 October 2021 and 27 April 2022, both dates inclusive (‘Class Period’). If you want to serve as a lead plaintiff, you have to move the court not later than August 52022.
AND WHAT: If you purchased Teladoc Health securities during the Class Period, you may be entitled to compensation without payment of any fees or out-of-pocket expenses through a contingency agreement.
WHAT TO DO NEXTT: To join the Teladoc Health group, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. free of charge at 866-767-3653 or email [email protected] or [email protected] for information on the class action. A group case has already been filed. If you want to serve as a lead plaintiff, you have to move the court not later than August 52022. The lead plaintiff is a representative party acting on behalf of other members of the class in the conduct of the proceedings.
WHY DIFFERENT LAW: We encourage investors to choose a qualified advisor with experience in success in leadership roles. Notification firms often lack comparable experience, resources, or any significant recognition from partners. Be wise when choosing a counselor. Rosen Law Firm represents investors around the world, focusing on classroom lawsuits and shareholder derivative lawsuits. Rosen Law Firm has reached the largest agreement on a class action lawsuit against a Chinese company. Rosen Law Firm was ranked №1 by ISS Securities Class Action Services in the number of group securities claims agreements in 2017. The firm ranked in the top 4 each year since 2013 and reimburses hundreds of millions of dollars to investors. In 2019 alone, the company provided over $ 438 million to investors. In 2020, co-founder Lawrence Rosen was named by law360 as the plaintiffs’ lawyer’s titan. Many of the firm’s lawyers are recognized by Lawdragon and Super Lawyers.
CASH DESIGN DETAILS: According to the case, defendants throughout the class period made false and / or misleading statements and / or did not disclose that: (1) increased competition, among other factors, adversely affected Teladoc Health’s BetterHelp and the chronic care business ; (2) accordingly, the growth of these enterprises is less sustainable than the accused have led investors to believe; (3) as a result, Teladoc Health’s revenues and adjusted EBITDA projections for its fiscal 2022 were unrealistic; (4) as a result of all of the above, Teladoc Health will be forced to recognize a significant non-monetary fee for impairment of goodwill; and (5) as a result, the defendants’ public statements were substantially false and misleading at all times. When the real details entered the market, the lawsuit alleges that the investors suffered damage.
To join the Teladoc Health group, go to https://rosenlegal.com/submit-form/?case_id=6818 or call Phillip Kim, Esq. free of charge at 866-767-3653 or email [email protected] or [email protected] for information on the class action.
No class is certified. Until a class is certified, you will not be represented by a lawyer unless you retain one. You can choose an advisor of your choice. You can also remain an absent class member and do nothing at this time. The investor’s ability to participate in any potential future recovery does not depend on serving as a lead plaintiff.
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Lawrence Rosen, Esq
Philip Kim, Esq
Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th floor
New York, New York 10016
Tel: (212) 686-1060
Toll-free phone: (866) 767-3653
Fax: (212) 202-3827